NYISO Business Issues Committee
NYISO locational-based marginal prices were down sharply in March compared to February’s average, though they were well above March 2020's average prices.
NYISO locational-based marginal prices averaged $63.70/MWh in February, more than triple the $21.11/MWh average in February 2020.
The NYISO Business Issues Committee approved revisions to its Installed Capacity and Transmission and Dispatch Operations Manuals.
The NYISO Business Issues Committee OK'd meter-related manual revisions and discussed updates to the 2019 CARIS database.
NYISO’s Business Issues Committee voted to recommend approval of Tariff revisions and to apply the TAM rules to landfill gas, wind and solar resources.
The NYISO Business Issues Committee approved rule changes regarding transmission congestion contracts and hybrid storage facilities.
Con Ed won approval from the NYISO BIC of a proposal to increase the exemption from real-time generation penalties for units that supply steam to New York City.
NYISO continues to advance its Grid in Transition agenda, moving ahead with some energy and ancillary services projects while suspending or combining others.
NYISO stakeholders delayed a vote on the ISO’s proposal to procure up to 500 MW of additional reserves for Southeast New York pending another cost analysis.
NYISO will need to expand its bulk transmission and some low-voltage lines to meet New York’s 2030 climate goals, according to the ISO's latest CARIS.
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